Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 LAKE WAY is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £425,000 in October 2023, which was around 11% below the average October 2023 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 LAKE WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the five 3 LAKE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 27 OCT | £425,000 | £475,140 | 11% below HPI |
2017 25 AUG | £280,000 | £390,231 | 28% below HPI |
2012 28 SEP | £208,500 | £268,261 | 22% below HPI |
2001 6 APR | £114,995 | £143,055 | 20% below HPI |
1995 30 JUN | £68,000 | £83,150 | 18% below HPI |
The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The five 3 LAKE WAY sales between June 1995 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
3 LAKE WAY is 123m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Huntingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Huntingdon, and where 3 LAKE WAY lies on this distribution: 66% of detached houses are smaller than 3 LAKE WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Huntingdon.
3 LAKE WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 3 LAKE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 LAKE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
3 LAKE WAY is located in HUNTINGDON, in the PE29 postcode district. The below map shows the position of No. 3 on LAKE WAY.